Securities Lawyers Blog
The investment lawyers at Gana Weinstein LLP have experience helping investors determine whether their portfolio losses at investment firms, such as Commonwealth Australia Securities LLC, were caused by broker misconduct. There are many different ways that your broker can impermissibly drain your accounts. Our attorneys can help you understand the cause of your investment losses, uncover misconduct, and apply the law to hold accountable those responsible.
Commonwealth Australia Securities LLC is the U.S. broker-dealer of the Commonwealth Bank of Australia, arranging sales of the bank’s fixed income products to major U.S. institutional investors, acting as broker on capital markets transactions, and arranging debt private placements. Formed in Delaware in 2005 and based on Lexington Avenue in New York, the firm’s sole member is the Commonwealth Bank of Australia.
Commonwealth Australia Securities LLC – By the Numbers:
- CRD #: 136321
- Regulatory Events: 2
- Broker Employees: 24
Commonwealth Australia Securities LLC – In the News:
FINRA v. Commonwealth Australia Securities LLC (Case #2022077355301) – Between July 2016 and December 2022, the firm inaccurately reported approximately 33,000 transactions in TRACE-Eligible Securities to TRACE without the required “No Remuneration” (NR) indicator, in violation of FINRA Rules 6730(d) and 2010.
Gana Weinstein LLP has successfully handled hundreds of customer investment disputes with their brokerage firms. Our attorneys can help you detect and uncover suspicious activity in your accounts. Our consultations are free and we welcome all inquiries.